Guar gum prices advanced by Rs 68 to Rs 7,410 per five quintal in futures trade on Wednesday as investors created fresh bets on firm spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for November rose by Rs 68, or 0.93 per cent, to Rs 7,410 per five quintal with an open interest of 48,815 lots.
Besides, guar gum for December delivery advanced by Rs 38, or 0.51 per cent, to Rs 7,509 per five quintal with an open interest of 15,310 lots.
Restricted arrivals from growing regions aided the rise in guar gum future prices, traders said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
